TREE NEWS update: Symbiosis said it has recovered 15 BTC from a bridge hack after the attacker declined to return the stolen funds in exchange for the same white-hat bounty. The cross-chain protocol is now offering a 20% bounty for information leading to further asset recovery. No date or total value for the stolen funds was disclosed.
Symbiosis Recovers 15 BTC From Bridge Hack, Offers 20% Bounty
The recovery of a portion of the stolen BTC, after the attacker rejected the white-hat offer, suggests the protocol retains some leverage or on-chain visibility even without cooperation, which is notable for a cross-chain bridge where funds typically vanish quickly. The shift to a public 20% bounty for information reframes recovery as a crowdsourced effort rather than a negotiation, a tactic that may draw scrutiny from security researchers and other protocols weighing similar responses. Whether the remaining assets are traceable, and whether bounties become a standard post-hack tool, is the open question.
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